Quote from: philipma1957 on April 13, 2023, 06:39:01 PM

Quote from: El duderino_ on April 13, 2023, 04:30:02 PM

Quote from: OgNasty on April 13, 2023, 03:52:32 PM

Feels to me like there is still a great deal of buying pressure. The retest below $30K didn’t get much action and we’re already seeing new highs as buyers scoop up all the BTC they can. I think it’s safe to say the worst is behind us and we’re going to be seeing higher prices for a while now. It’s looking like there’s a good chance we’ll be above $40K by the end of the year.

The chance of 40k and up in Q2 is the same imho…

yeah 40k would be nice for may

Yeah.. $40k is the new $70k...

hahahahaha

but geez, I am starting to have some confidence that the bottom could be in .. perhaps.. so what we seem to have is a pretty decent ability to get above the 200week moving average (which is currently at $25,700) and to mostly stay above it (which is a good sign), and the 100-week moving average is around $34,598, and sure there could be some resistance at the 100-week moving average..

...but personally, I am considering that our most important resistance is in the $48k to $55k price arena, which would be the price area that is just prior to entering into "no man's land" - if any of us (besides yours truly) still believe in that kind of a dynamic that from my perspective could facilitate some resistance just prior to entering and then lack of resistance once inside of it.. (and just for reference sake, I would tentatively consider our current no man's zone to be somewhere in the ballpark of $55k to $92k----- and maybe I am being a bit too broad with that.. maybe a more narrow range for our current tentative noman's land might be $58k to $88k? but what do I know.?.. it's a working thesis.. and further these are largely ballpark kinds of ideas, anyhow... in the sense that it is nice to have some ballpark ideas rather than flailing with any "nice-sounding" theory that happens to get generated out of the woodwork.

Quote from: Learn Bitcoin on April 13, 2023, 08:00:29 PM

Okay. I have a question. Is Taproot Upgrade is Smart Contract? How Taproot upgrade helped Bitcoin? I am puzzled after reading some articles. Maybe it is because I am not understanding how it works. One article said the Taproot upgrade enables verifying multiple signatures at once. Another article said it's a smart contract upgrade. How it's related to SegWit? Wasn't SegWit upgraded before the Taproot upgrade? SegWit departs the signatures data. The block already contains more data after the SegWit Upgrade. So, what Taproot did do?

Sounds kind of technical for these here parts, but hey? maybe some guy might be willin to go down the 'splainin path with you, but not this here cat. i am too busy with non-technical matters.. or at least I see that there are a variety of wallet option types and some support legacy only, or legacy segwit or segwit with bech 32 or taproot (I think in that order), and I fucking have hardly any clue regarding when to use which, even though it seems that I have been using bech 23 addresses a lot recently and it got me into a bit of quagmire once (just last week when I sent a legacy segwit to a bech 32 address and then it kind of got lost for a while - did not go through.. yet I was able to send it again (after about 4 days of my wondering where the transaction had gone.. it was a decently sized transaction.. just saying.. but whatever all is good in JJG landia in regards to not having had lost those BTC that I had tried to send from a legacy segwit to a segwit with bech 32 address.. whatever the fuck that means? #justsaying)...